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Rep. Anna Paulina Luna pushes for bipartisan bill capping credit card interest rates at 10%

Name: Rep. Anna Paulina Luna pushes for bipartisan bill capping credit card interest rates at 10%
Uploaded: 2026-01-22T17:41:00-0500
Duration: 5 min 3 s
Description: Earlier this month, President Trump ordered banks to lower credit card interest rates to 10%. Nothing has happened because legislation is required. Republican Rep. Anna Paulina Luna of Florida joined CBS News to discuss her bill with Democratic Rep. Alexandria Ocasio-Cortez that would codify the 10% cap.

Earlier this month, President Trump ordered banks to lower credit card interest rates to 10%. Nothing has happened because legislation is required. Republican Rep. Anna Paulina Luna of Florida joined CBS News to discuss her bill with Democratic Rep. Alexandria Ocasio-Cortez that would codify the 10% cap.